Earnings Preview For Par Pacific Hldgs
Portfolio Pulse from Benzinga Insights
Par Pacific Hldgs (NYSE:PARR) is scheduled to release its quarterly earnings report on 2024-02-27, with analysts estimating an EPS of $1.06. The company's historical earnings performance shows mixed results, with the last quarter meeting EPS estimates. Shares have risen 44.13% over the past 52 weeks, indicating positive sentiment among long-term shareholders. Investors will be keen on both the earnings outcome and the company's future guidance.
February 26, 2024 | 5:01 pm
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POSITIVE IMPACT
Par Pacific Hldgs is expected to report an EPS of $1.06 for the latest quarter. Historical performance and a 44.13% stock increase over the past year suggest positive investor sentiment.
Given the positive trajectory of PARR's stock over the past year and the anticipation surrounding its earnings report, there's a high likelihood of a positive short-term impact on its stock price, especially if the earnings beat the estimates or the company provides favorable future guidance. Historical data shows that the company's stock price tends to react to earnings announcements and guidance, making this upcoming report particularly significant for short-term investors.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100